Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash Flows From Operating Activities
Net income	$ 614,364	$ 137,158
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Change in fair value of investments in excess mortgage servicing rights	45,691	(821)
Change in fair value of investments in excess mortgage servicing rights, equity method investees	(523)	244
Change in fair value of investments in mortgage servicing rights financing receivables	(271,076)	0
Change in fair value of servicer advance investments	79,476	(2,559)
(Gain) / loss on settlement of investments (net)	(103,302)	13,674
Earnings from investments in consumer loans, equity method investees	(4,806)	0
Unrealized (gain) / loss on derivative instruments	(2,446)	(4,326)
Unrealized (gain) / loss on other ABS	313	(758)
(Gain) / loss on transfer of loans to REO	(4,170)	(6,634)
(Gain) / loss on transfer of loans to other assets	(55)	(212)
(Gain) / loss on Excess MSRs	(2,905)	(627)
(Gain) / loss on Ocwen common stock	(5,772)	0
Accretion and other amortization	(177,371)	(192,424)
Other-than-temporary impairment	6,670	2,112
Valuation and loss provision (reversal) on loans and real estate owned	19,007	17,910
Non-cash portions of servicing revenue, net	(74,666)	27,055
Non-cash directors’ compensation	420	243
Deferred tax provision	(9,056)	3,418
Changes in:
Servicer advances receivable	189,207	9,233
Other assets	(19,593)	6,906
Due to affiliates	(68,669)	(24,229)
Accrued expenses and other liabilities	25,590	(33,337)
Other operating cash flows:
Interest received from excess mortgage servicing rights	9,702	21,413
Interest received from servicer advance investments	9,130	52,124
Interest received from Non-Agency RMBS	45,104	40,801
Interest received from residential mortgage loans, held-for-investment	1,728	3,762
Interest received from PCD consumer loans, held-for-investment	7,190	14,824
Distributions of earnings from equity method investees	4,938	5,805
Purchases of residential mortgage loans, held-for-sale	(494,207)	(1,223,734)
Proceeds from sales of purchased residential mortgage loans, held-for-sale	659,559	739,640
Principal repayments from purchased residential mortgage loans, held-for-sale	32,738	14,497
Net cash provided by (used in) operating activities	513,659	(378,842)
Cash Flows From Investing Activities
Purchase of servicer advance investments	(853,672)	(3,302,794)
Purchase of Agency RMBS	(1,116,130)	(1,867,168)
Purchase of Non-Agency RMBS	(461,358)	(850,046)
Purchase of residential mortgage loans	(194)	0
Purchase of derivatives	0	0
Purchase of real estate owned and other assets	(4,160)	(9,730)
Purchase of investment in consumer loans, equity method investees	(83,227)	(41,314)
Draws on revolving consumer loans	(8,020)	(12,877)
Payments for settlement of derivatives	(32,487)	(15,732)
Return of investments in excess mortgage servicing rights	16,358	41,566
Principal repayments from servicer advance investments	752,663	3,998,693
Principal repayments from Agency RMBS	19,757	18,779
Principal repayments from Non-Agency RMBS	200,077	159,247
Principal repayments from residential mortgage loans	28,337	4,481
Proceeds from sale of residential mortgage loans	780	0
Principal repayments from consumer loans	62,805	110,200
Proceeds from sale of Agency RMBS	1,876,403	1,682,689
Proceeds from sale of Non-Agency RMBS	0	28,339
Proceeds from settlement of derivatives	77,165	24,570
Proceeds from sale of real estate owned	30,598	17,999
Net cash provided by (used in) investing activities	216,242	(1,013,879)
Cash Flows From Financing Activities
Repayments of repurchase agreements	(16,316,397)	(8,788,534)
Margin deposits under repurchase agreements and derivatives	(309,178)	(285,881)
Repayments of notes and bonds payable	(2,556,961)	(2,653,967)
Payment of deferred financing fees	(7,109)	(4,494)
Common stock dividends paid	(153,681)	(115,356)
Borrowings under repurchase agreements	15,286,068	9,874,154
Return of margin deposits under repurchase agreements and derivatives	321,626	276,805
Borrowings under notes and bonds payable	2,508,665	2,220,907
Issuance of common stock	482,696	835,465
Costs related to issuance of common stock	(442)	(936)
Noncontrolling interest in equity of consolidated subsidiaries - contributions	0	0
Noncontrolling interest in equity of consolidated subsidiaries - distributions	(18,317)	(24,209)
Purchase of noncontrolling interests in the Buyer	0	0
Net cash provided by (used in) financing activities	(763,030)	1,333,954
Net Increase (Decrease) in Cash, Cash Equivalents, and Restricted Cash	(33,129)	(58,767)
Cash, Cash Equivalents, and Restricted Cash, Beginning of Period	446,050	453,697
Cash, Cash Equivalents, and Restricted Cash, End of Period	412,921	394,930
Supplemental Disclosure of Cash Flow Information
Cash paid during the period for interest	124,748	94,494
Cash paid during the period for income taxes	335	3
Supplemental Schedule of Non-Cash Investing and Financing Activities
Dividends declared but not paid	168,068	147,520
Transfer from residential mortgage loans to real estate owned and other assets	18,228	43,763
Transfer from residential mortgage loans, held-for-investment to residential mortgage loans, held-for-sale	20,842	0
Real estate securities retained from loan securitizations	75,950	81,888
Ocwen transaction - excess mortgage servicing rights	638,567	0
Ocwen transaction - servicer advance investments	3,175,891	0
Ocwen transaction - mortgage servicing rights financing receivables	1,017,993	0
Mortgage Servicing Rights and Servicer Advances
Cash Flows From Investing Activities
Purchase of MSRs, MSR financing receivables and servicer advances receivable	(371,165)	(1,003,650)
Supplemental Schedule of Non-Cash Investing and Financing Activities
MSR purchase price holdback	174	60,001
Agency RMBS
Supplemental Schedule of Non-Cash Investing and Financing Activities
Purchase of Agency and Non-Agency RMBS, settled after quarter end	1,116,948	1,446,276
Sale of investments, primarily Agency RMBS, settled after quarter end	1,083,558	1,857,537
Consumer Loans
Other operating cash flows:
Distributions of earnings from equity method investees	1,449	0
Cash Flows From Investing Activities
Return of investments, equity method investees	79,248	0
Excess MSRs Investees
Cash Flows From Investing Activities
Return of investments, equity method investees	2,464	2,869
LoanCo
Supplemental Schedule of Non-Cash Investing and Financing Activities
Non-cash distributions from LoanCo	$ 12,613	$ 0